$4,507

Avg. Federal Grant

$7,349

Avg. Federal Loan

$8,153,422

Total Aid Awarded

Mid-America Christian University (MACU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

68%

Total Aid Amount Average Total Aid Awarded per year.

$8.153M

Financial Aid Official Website

https://www.macu.edu/financial-aid/5-step-guide-to-financial-aid.html

Mid-America Christian University (MACU), Oklahoma City, Oklahoma, provides financial assistance on the basis of the family’s ability to contribute. Last year, the university awarded over $8,153,422 in financial aid through scholarships, grants, loans, and work-study assistance.

Scholarships

University provides scholarships on the basis of student’s academic achievements, proven leadership, and participation in extracurricular activities- both in their schools and their communities. MACU's merit-based scholarships are offered through the following programs:

  • President’s Scholarship is offered to the fresher students.

  • Dean’s Graduate Scholarship awarded to graduate students who have achieved academic achievements.

  • Faculty Scholarship, awarded to those who scored excellent high school grades.

  • MACU Freshman Scholarship is offered to two students per year, based on the overall performance of the student.

Transfer Scholarships

Transfer Scholarships are also provided at Mid-America Christian University, they are as follows:

  • MACU Transfer Scholarship is awarded to two recipients per year based on their overall performance.

  • Achievement Transfer Scholarship is awarded to those who maintain a GPA of 3.5 for annual renewal.

  • Evangel Transfer Scholarship.

  • Inspire Transfer Scholarship.

  • Visionary Transfer Scholarship.

  • Dream Transfer Scholarship.

  • Opportunity Transfer Scholarship.

These all transfer scholarships are awarded to the students, based upon their test scoring.

Grants

Grants are gift assistance which is awarded on the basis of financial aid. Various grants awarded to the students at the university are as follows:

Federal Grants

  • Federal Pell Grant, awarded only to those students who have not earned a bachelor’s degree.

  • Federal Supplemental Educational Opportunity Grant(SEOG), this grant is awarded to those students who have less financial need.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

47%

State Grant Aid

26%

Institution Grant Aid

96%

Pell Grant

47%

Average Aid Awarded

Federal Grant Aid

$4,507

State Grant Aid

$4,856

Institution Grant Aid

$9,977

Pell Grant

$4,312

A federal grant is also an option for you if you meet the eligibility criteria, 47% of candidates cover up their expenses and the average of it is $4,507. The Pell grants average amount is $4,312 and serves 47% candidates.

In addition to these, the state grants also cover up the expenses of 26% of pupils and the average of it is  $4,856. You might depend upon the institutional scholarships and grants as almost 96% of all students get hold of them and the average of them is $9,977.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$15,330

$30,001 - $48,000

$17,255

$48,001 - $75,000

$11,004

$75,001 - $110,000

$13,304

Over $110,000

$13,878

A student having an annual family income of less than $30,000 might face an aid amount of $15,330 as the net aid price. You will find this amount to be lowered up to $17,255 in case of an income between the range of $30,001-$48,000.

The aid price decreases gradually as we talk about higher income brackets. For example, a family income ranging from $48,001-$75,000 might make your net price look $11,004 and for a range of $75,001-$110,000, your net aid price will amount to $13,304.

Student Loans for Mid-America Christian University (MACU)

Average Loan Amount Average Loan Amount received per year.

$7,750/Year

Students Taking Out Loans

55%

Loan Default Rate

14.3%

Minumum Credit ScoreApply in as little asVariable APRFixed APR
Discover Student LoansNot Available15 minutes or less2.954.74 View disclosures
Credible6202 minutes5.38%-16.99%14.43%-16.99%1 View disclosures
Sallie MaeNot Available15 minutes1.13% - 11.23%¹ (with autopay)3.50% - 12.60%¹ (with autopay) View disclosures

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